Supports Scatec’s power plant in Brazil with USD 71m in guarantees
Scatec ASA is building the 531MW solar power plant in Rio Grande do Norte state in north-eastern Brazil together with partners Equinor and Hydro Energy’s renewables arm, Hydro Rein. The plant will give Hydro Energy’s Alunorte refinery access to renewable energy for alumina production by supplying 1.2TW of power, and provide electricity to more than 600,000 Brazilian homes.
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy in emerging markets. As a long-term player, the company develops, builds, owns and operates renewable energy plants, with 4.6 GW in operation and under construction across four continents today. Scatec is committed to grow its renewable energy capacity, delivered by its 700 passionate employees and partners who are driven by a common vision of ‘Improving our Future’. Scatec is headquartered in Oslo, Norway and listed on the Oslo Stock Exchange under the ticker symbol ‘SCATC’.